Property Information:

Exceptional investment opportunity or ideal owner-occupied income property! This well-maintained 3-unit home offers strong rental potential on a large, mature lot in the heart of Mount Pearl. The spacious main floor unit features 3 bedrooms and 1 full bathroom and is currently vacant, making it perfect for an owner-occupant or to set your own market rent. Previously rented for $2,100/month, this bright unit offers a huge living room, an oversized kitchen with a peninsula, a dedicated laundry room, and the potential to create a fourth bedroom for even greater value. The recently renovated 2-bedroom basement apartment is finished with a modern kitchen, newer appliances, its own laundry, and a full bathroom. This unit is currently rented for $1,100/month. A separate 1-bedroom, 1-bathroom basement unit offers a functional layout complete with its own laundry, kitchen, pantry, and private living space. This unit is currently rented for $1,200/month, providing an additional income stream. Outside, you'll find a large, mature lot with two separate driveways providing ample parking for multiple vehicles, along with a spacious detached garage offering excellent storage or workshop space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in the spacious main-floor unit while collecting rental income from the two basement apartments, this versatile property offers outstanding value and excellent income potential, with projected gross rental income of $4,400 per month when the main floor is rented. As per sellers direction there will be no conveyance of offers until 4PM Monday August 24th, all offers to remain open until 8PM same day (id:27)

Building Features:

Style: Detached
Building Type: Two Apartment House
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 3000 sqft
Flooring Type: Flooring Type
Foundation Type: Concrete
Roof Material: Metal
Roof Style: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Washer, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 6
Bathrooms: 3
Built in: 1965
Floor Space (approx): 3000 Square Feet
Irregular: Yes
Lot Size: 80 x 120
Zoning: RES
Sewer: Municipal sewage system
Parking Type: Detached garage

Rooms:

Laundry Lower Level x 0
Bathroom Lower Level 4PC
Other Lower Level 11 x 10
Other Lower Level 10 x 10
Other Lower Level 11 x 11
Other Lower Level 11 x 11
Other Lower Level x 0
Bathroom Lower Level 4PC
Other Lower Level 12 x 12
Other Lower Level 12 x 10
Other Lower Level 15 x 10
Laundry Main Level 7 x 7
Bathroom Main Level 4PC
Bedroom Main Level 10 x 10
Bedroom Main Level 10 x 10
Bedroom Main Level 12 x 12
Living Main Level 20 x 14
Kitchen Main Level 18 x 10

Courtesy of: eXp Realty

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Demographic Information of 6 Riverview Avenue, Mount Pearl, Newfoundland & Labrador, A1N 1M1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,605.78

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.27 %

High school certificate or equivalent

36.82 %

Apprenticeship trade certificate/diploma

10.78 %

College/non-university certificate

29.98 %

University certificate (below bachelor)

0.16 %

University Degree

10.98 %

Commuter

Travel To Work

By Car

89.7 %

By Public Transit

0.35 %

By Walking

0.09 %

By Bicycle

0.0 %

By Other Methods

9.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.09 %

Houses

92.91 %

6 Riverview Avenue, Mount Pearl, Newfoundland & Labrador, A1N 1M1